Depreciation, What type of cost? Direct cost or Indirect cost?
Answer Posted / rinku
Depreciation is a indirect asset.Every year the value of asset may decrease due to its excess usage,exploser to sun light etc .calculation of that change in asset value is called as depreciation .It is used to know the value of asset and profit or loss that was earned by sale of the asset.
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Can u please give me example of bonds? is National savings certificate a Bond?
WHAT IS CORPORATE ACTION?
please tell me questions asked in NICMAR for the post of accounts executive
i need sbi bank clerk exam model question papers
1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.
What is Home Loan Modification?
Expand-------NSAC
• What is depreciation and the method?
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
What is the accounting treatment for finance lease in lessee's viewpoint?
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
Expand---------OTMD
What are Mortgage Payment Problems?
Expand-------ACNS
SOUTH ATLANTIC OIL AND GAS INC.is a fraud company